lock
Enter your search query here. You can use keywords or phrases to find content.
Enter your search query here. You can use keywords or phrases to find content.
woman holding piggy bank
Back to Super essentials

How much super do people have at my age?

Average super balances by age and gender
How much do you need in your super for your retirement?
What to do if your super balance falls short of the recommended amount?
December 15 2025
Loading...

Have you ever wondered how your super compares with people your age? Use this guide from the Association of Superannuation Funds (ASFA) to see if your super is on track with the average account balance across your age group and gender.

Average super balances by age and gender

Age group Male Female
Under 18 $7,687 $4,699
18-24 $9,062 $8,163
25-29 $27,021 $24,821
30-34 $55,690 $46,586
35-39 $96,122 $76,020
40-44 $140,680 $109,209
45-49 $193,501 $147,146
50-54 $254,071 $190,175
55-59 $319,743 $242,945
60-64 $395,852 $313,360
65-69 $448,518 $392,274
70-74 $501,785 $449,540
75 or more $525,627 $454,333

Source: ASFA data for June 2023, supplied October 2025

Keep in mind that this table shows a difference in super balances between genders across age groups. Women in their early 60s still retire, on average, with less super than men the same age. This is due to several reasons, including taking time out of the work force for caring, as well as taking on a greater amount of unpaid work at home.

We believe that every Australian is entitled to the same comfort and security in retirement regardless of their gender. Which is why you can find tools, advice, and super-boosting strategies in this article and across the Rest website (including our Women and Super webpage) to empower you to help level the playing field between men and women’s super.

How much do you need in your super for your retirement?

The amount you will need to retire will be different for everyone according to your target retirement age and goals. The ASFA Retirement Standard2 defines two retirement lifestyles:

  • Comfortable retirement – budgets for a “good” standard of living, including meeting everyday needs, enjoying health and leisure activities, and staying close to family and friends through technology and regular trips.
  • Modest retirement - budgets for a lifestyle slightly above the Age Pension, including affording basic health insurance and infrequent exercise, leisure and social activities with family and friends.

As a guide, ASFA2 suggests the minimum annual amount required for a ‘comfortable retirement’ is:

  • $54,240 p.a for singles
  • $76,505  p.a for couples

Alternatively, ‘modest retirement’ offers a slightly higher quality of life than what the Age Pension offers. For this, ASFA suggests:

  • $35,199 p.a for singles
  • $50,866  p.a for couples

The numbers above are correct for the September 2025 quarter.

Keep in mind these benchmarks only apply to retirees aged 65-84 who own their own home outright and are considered “relatively healthy”.

Retirement calculator icon

Calculate now

To get a more personalised idea of how much super you could have to spend in retirement and how long it may last, visit Rest’s Superannuation Calculator.

WATCH: Do you really need $1m to retire? Learn how much you need for a comfortable retirement

What if your super balance is lower than the AFSA Retirement Standard?

Firstly, don’t worry, there may be many things you can do now to improve your super. These numbers are simply a guide – it doesn’t consider your individual circumstances and work arrangements. For example, you may have less in your super if you:

  • took a career break for personal reasons
  • are or were a casual, part-time, or freelance worker
  • withdrew funds from your super during COVID-19

So, while super isn’t something you should put on the backburner, don’t panic if you have less than the official recommendations as super isn’t a ‘one size fits all’ situation. If you think your super could use a boost, here are a few realistic ways to enhance your future savings:

  1. Consider topping up your super – Adding small after-tax contributions to your super regularly could mean more for your retirement down the track. Bonus: you might also be able to benefit from tax breaks – speak to a tax adviser for professional advice about this
  2. Take control of your super – It’s a good idea to review your super fund’s fees and performance regularly. Even small differences in both investment performance and fees and costs can have a substantial impact on your long-term returns. When looking at the investment performance of a super fund, Moneysmart3 reckons people should compare long-term returns over at least 5 years.

  3. Consider consolidating your super – According to the Australian Taxation Authority (ATO)4, around 4 million individuals hold 2 or more super accounts. If you’re one of them, combining your super may mean avoiding multiple sets of fees and insurance premiums*.

* Before combining your super, consider which fund is right for you. Check out the fees and costs of your other fund plus any benefits that would be lost, such as insurance cover. Make sure your other fund knows about any contributions you intend to claim a tax deduction for, before combining. Speak to a licensed financial adviser or visit the ASIC MoneySmart website for more information. 


Sources

1. 'An update on superannuation account balances', The Association of Superannuation Funds of Australia (ASFA) 

2. The ASFA Retirement Standard, The Association of Superannuation Funds of Australia (ASFA) 

3. Choosing a super fund, Moneysmart.gov.au, the Australian Securities and Investments Commission (ASIC)

4. Trend towards single accounts, The Australian Taxation Authority (ATO), 30 June 2024

Was this page helpful?

Want to learn more?

man holding mobile phone man holding mobile phone

General

Handy tips to help you protect your super online

Help increase the security of your super from online criminals with these simple steps.

Read more
man in shirt smiling man in shirt smiling

General

What is the retirement age in Australia?

Find out the differences between the retirement age, preservation age, and Age Pension age.

Read more
question box with chat box answer question box with chat box answer

General

Is Rest an SMSF?

Rest isn’t an SMSF, it’s an industry fund. This brief explainer will help you understand difference between the two.

Read more